Franklin Covey Soars 11.5%, Will Momentum Continue?

Franklin Covey (FC) shares surged 11.5% after a prolonged decline, driven by a technical rebound, improving investor sentiment, and positioning ahead of upcoming earnings. The company is expected to post a quarterly loss of $0.00 per share and revenues of $58.48 million. While earnings and revenue growth expectations are important, a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. FC currently has a Zacks Rank of #2 (Buy).